Slight rise for the Italian spread. After yesterday's positive day, which saw the first easing of pressure on our government bonds for over a week, in the last few hours the yield differential between ten-year BTPs and their equivalent German Bunds has started to rise again.
During the first trades, the figure remained stable, remaining just over 350 basis points, after an opening as high as 349. Subsequently, the value returned to break through the 360 barrier, to reach a maximum of 366 basis points. Around 13 pm the spread was still traveling around 360.
